Business and Entrepreneurship Multiple Choice Questions

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GodGivenDiopside
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6 Questions

What is the term for when two or more companies form an alliance to pursue a specific project?

Joint ventures

What is the primary purpose of a feasibility analysis?

To determine the viability of a business idea

What is a major drawback of entrepreneurship?

Long hours and hard work

What is the term for the ability to create new and useful ideas that solve problems and challenges people face every day?

Creativity

What is a disadvantage of a Limited Liability company?

Double taxation of profits

What is the term for when one corporation purchases another corporation or investment group?

Acquisition

Test your knowledge of business concepts and entrepreneurship with these multiple choice questions. Covering topics such as joint ventures, feasibility analysis, and more.

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